The nation is just weeks away from choosing a Government to steer the ship of state.
The upcoming General Election will be momentous and will demand a choice between Barisan Nasional, a coalition that has ruled the nation for almost five and a half decades, and Pakatan Rakyat, an alternate group that offers change and a new direction.
Meaningful choices should ideally be based on full information about the current state of affairs and the alternative visions offered by the two coalitions.
The information on the state of the economy is less than transparent and that which is available is skewed in favour of the incumbent regime. The opposing coalition lacks full access to information.
Under these circumstances, it is necessary to look to alternative independent sources to arrive at objective assessments.
Such an objective and comprehensive assessment is indeed available. The International Monetary Fund (IMF) conducted its Annual Article IV Consultations in Nov –Dec 2012. A report based on the consultations was considered by the IMF’s Board of Executive Directors in late February 2013. The Fund has released the report and posted it on its website. Continue reading “27-Day Countdown to 13GE – IMF Report Card warns of an austerity scenario for Malaysian economy not too dissimilar to that of several EuroZone countries”